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Trade Idea Update: GBP/USD - Buy at 1.5280

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 9, 2015.

  1. Lily

    Lily Forum Member

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    As the British pound has risen again after finding renewed buying interest at 1.5261 yesterday, suggesting the rise from 1.5107 is still in progress and may extend further gain towards 1.5405-10 (61.8% projection of 1.5137-1.5372 measuring from 1.5261), however, loss of upward momentum should prevent sharp move beyond 1.5445-50 (61.8%[​IMG]

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